NEAL, CHAS

Operated by BUCKHORN OPERATING LLC (P-5 102367) in the BRACHFIELD, S.E. (COTTON VALLEY) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 230308District 06Field 111835002 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.3 M
Feb 2007 – May 2026
Value, last 12 filed months
$747
at the published price for each month
Months reported
232
no gaps in the span
Streams
2
condensate, gas

The Railroad Commission's own record for the field this lease produces from, including the spacing rule that governs how close together its wells may be drilled.

These are facts about the field, not about this lease. The field holds 382 leases and 382 wells, and the rule below applies to all of them.

Discovered
1981-02-10
as the register files it
Field class
Gas
the register's own label
Between wells
330 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 20 acres. The field rule took effect on 2014-10-14.

The Commission's schedule remark for this field reads: API NO. 401-34011.

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

ProgrammeFilingsWith an approval dateDatedDocket
High Cost Gas112008-04-08180934
NGPA1none

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

What this lease produced, and what it was worth

Oil and condensate are valued on the volume the state records as disposed of; gas and casinghead gas on the volume produced. They are different columns of different files, and the difference is not cosmetic.

StreamBasisVolumeValue
CondensateDisposition6,904 bbl$570,739
GasProduction117,160 Mcf$743,029
Total$1,313,767

Wells on this lease (1)

Every wellbore the Railroad Commission records against this lease key, with the depth, the last completion and the plug date exactly as filed. A well with no plug date is not stated to be producing — the state files no such flag.

These wells centre on 32.0089, -94.5862. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.00895, -94.58618 · centre of the wells drawn, derived

What these wells add up to

Every figure below is counted over all of this lease's wells, not over the rows listed above. The Railroad Commission files two facts about a well's state — a plug date and a proration-schedule flag — and a well can carry both, so they are published as separate counts and never merged into a status.

On the schedule
0.0%
0 of 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
10,450 ft
1 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
00.0%
A plug date is filed
00.0%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
NeitherNo plug date, and not on the schedule.
1100.0%

A plug date is the date the Commission recorded the wellbore as sealed with cement and abandoned. It is the only end-of-life fact Texas files. There is no "active" flag on a well, so this page does not print one — a well with no plug date is not stated to be producing.

How deep they were drilled

The one well that filed a depth was drilled to 10,450 ft.

Completions filed
Jan 2008
1 of 1 wells

1 well

42-36536415110,450 ftJan 2008

The API number is the state's, prefixed 42 for Texas. A well is matched to this lease by the lease key the Commission files on the wellbore record, so a well that has moved between leases appears under each one it was filed against.

Every month this lease reported (232)

Volume × price = value, one row per cycle. The price columns are the same series published on the prices page — nothing here is modelled.

232 months

May 202600106.413.05$0
Apr 20260598.932.87$14
Mar 20260089.753.15$0
Feb 202602563.503.75$94
Jan 202601459.138.00$112
Dec 20250156.664.41$4
Nov 202501658.593.93$63
Oct 202502559.383.30$83
Sep 202502062.743.08$62
Aug 202503063.933.01$90
Jul 202504966.743.32$162
Jun 202502066.483.13$63
May 202502760.553.23$87
Apr 202503062.363.54$106
Mar 202503067.704.27$128
Feb 202505170.884.34$221
Jan 202503074.324.28$128
Dec 202403568.993.12$109
Nov 202405669.052.20$123
Oct 2024015771.372.28$358
Sep 202403369.612.36$78
Aug 20244810875.632.06$3,853
Jul 202402479.932.15$52
Jun 202402278.082.63$58
May 202402378.812.20$51
Apr 202402384.451.66$38
Mar 202402480.301.55$37
Feb 202402476.091.78$43
Jan 202402273.023.30$73
Dec 202302371.262.61$60
Nov 202302277.892.81$62
Oct 202302285.443.09$68
Sep 202302389.042.74$63
Aug 202302380.522.67$61
Jul 202306574.852.64$172
Jun 202302768.962.26$61
May 202304870.622.23$107
Apr 202302478.122.24$54
Mar 202304672.852.39$110
Feb 202302075.112.47$49
Jan 202302376.533.39$78
Dec 202201976.415.73$109
Nov 20220885.005.65$45
Oct 20220987.185.86$53
Sep 20220984.888.16$73
Aug 20220994.529.13$82
Jul 202208101.587.54$60
Jun 202203115.097.98$24
May 202202109.378.43$17
Apr 202202104.226.84$14
Mar 2022010108.885.08$51
Feb 202201091.054.86$49
Jan 20220881.844.54$36
Dec 202101571.323.90$58
Nov 202101377.435.24$68
Oct 20210779.795.71$40
Sep 202102769.865.35$144
Aug 202107266.024.22$304
Jul 202102,27570.783.98$9,059
Jun 20211546069.493.38$2,597
May 202109063.483.02$272
Apr 20210060.362.76$0
Mar 2021010461.302.72$283
Feb 202101657.805.55$89
Jan 202102050.412.81$56
Dec 202001044.642.68$27
Nov 2020017738.772.71$479
Oct 202002036.972.48$50
Sep 20200037.091.99$0
Aug 202008039.982.39$191
Jul 20200038.371.83$0
Jun 202035934.901.69$204
May 20200116.921.81$2
Apr 20200514.751.80$9
Mar 202003130.341.86$58
Feb 202028949.881.98$276
Jan 202009957.252.09$207
Dec 2019018059.012.30$415
Nov 2019018955.302.75$520
Oct 201907153.472.42$172
Sep 2019016855.052.66$446
Aug 201908253.112.30$189
Jul 2019013156.272.46$322
Jun 20196512552.782.49$3,742
May 20190058.482.74$0
Apr 20190162.632.75$3
Mar 20190556.803.06$15
Feb 2019010050.852.79$279
Jan 2019023846.033.23$768
Dec 20180046.594.19$0
Nov 201802752.934.24$114
Oct 20180061.443.40$0
Sep 201802159.543.11$65
Aug 201802059.403.07$61
Jul 201804965.142.93$144
Jun 201806160.183.08$188
May 201808365.382.90$241
Apr 2018020263.842.90$586
Mar 2018015161.222.79$421
Feb 20180561.782.77$14
Jan 201806362.874.01$253
Dec 201703557.272.92$102
Nov 20170655.423.12$19
Oct 201708949.292.98$266
Sep 201704147.523.09$127
Aug 2017010445.373.00$312
Jul 2017015443.873.09$475
Jun 201717717242.493.09$8,052
May 201709745.373.26$317
Apr 2017027447.933.21$880
Mar 2017028146.772.98$838
Feb 2017048750.452.95$1,438
Jan 2017025049.413.42$855
Dec 2016043248.763.72$1,608
Nov 201617228542.492.64$8,062
Oct 2016035046.193.09$1,082
Sep 2016039041.553.10$1,209
Aug 201605741.442.92$167
Jul 201601241.622.92$35
Jun 2016019845.352.69$532
May 2016059342.521.99$1,181
Apr 2016056036.561.99$1,115
Mar 2016028733.011.79$515
Feb 201617449326.472.06$5,623
Jan 2016049827.352.36$1,177
Dec 2015024332.362.00$486
Nov 2015037438.792.17$811
Oct 2015036943.552.43$895
Sep 2015018642.992.76$513
Aug 2015018140.162.87$520
Jul 2015718148.152.95$870
Jun 2015025556.152.88$735
May 2015023055.212.96$680
Apr 201518120649.822.71$9,575
Mar 2015015242.892.93$446
Feb 2015012444.662.98$369
Jan 2015031543.433.10$977
Dec 2014036554.693.59$1,311
Nov 2014036470.464.25$1,548
Oct 2014034078.303.90$1,326
Sep 2014029686.164.05$1,197
Aug 2014040889.394.04$1,646
Jul 201418434796.564.18$19,217
Jun 2014037798.164.74$1,786
May 2014047394.734.73$2,236
Apr 2014037395.944.81$1,794
Mar 2014045795.895.06$2,311
Feb 2014044997.406.19$2,780
Jan 2014037290.404.86$1,808
Dec 201317140391.824.35$17,456
Nov 2013034888.853.74$1,301
Oct 2013044697.423.78$1,686
Sep 20130372104.113.72$1,383
Aug 20130363104.253.52$1,279
Jul 20130376102.523.72$1,398
Jun 201316631094.403.93$16,890
May 2013040794.834.15$1,689
Apr 2013035493.964.28$1,516
Mar 2013043193.623.91$1,686
Feb 2013028391.233.42$968
Jan 2013037691.603.42$1,286
Dec 201217424486.773.42$15,933
Nov 2012037386.953.62$1,352
Oct 2012040689.383.40$1,380
Sep 2012041094.672.92$1,197
Aug 201217742492.662.91$17,634
Jul 2012034485.133.02$1,039
Jun 2012023579.822.52$592
May 2012031791.612.49$789
Apr 20120301101.652.00$601
Mar 2012174569105.052.22$19,543
Feb 20120523101.102.57$1,344
Jan 2012057598.092.73$1,572
Dec 2011047996.873.24$1,552
Nov 201117944695.723.31$18,611
Oct 2011049184.983.65$1,791
Sep 2011090983.623.99$3,623
Aug 2011053983.404.15$2,236
Jul 201116447094.144.52$17,562
Jun 2011018292.904.64$844
May 201118047898.134.40$19,769
Apr 20110787105.964.33$3,410
Mar 2011060696.364.06$2,459
Feb 2011074385.644.18$3,106
Jan 201101,04886.504.59$4,809
Dec 201018267885.734.35$18,551
Nov 2010065680.843.80$2,490
Oct 2010023078.103.51$807
Sep 201017146672.633.98$14,274
Aug 201001,46773.684.42$6,483
Jul 201016865472.554.74$15,286
Jun 2010055370.364.91$2,715
May 2010052871.124.24$2,236
Apr 2010042481.694.12$1,748
Mar 20101761,50078.394.39$20,380
Feb 2010054273.585.44$2,950
Jan 201001,22774.365.96$7,318
Dec 20091751,14271.445.48$18,764
Nov 200917670574.593.75$15,773
Oct 2009055572.544.11$2,281
Sep 2009066765.543.06$2,044
Aug 200901,60867.423.22$5,175
Jul 200917363561.133.46$12,775
Jun 2009035566.163.90$1,383
May 2009040454.743.93$1,586
Apr 200917365746.773.59$10,448
Mar 200901,34642.144.06$5,463
Feb 20091831,04632.814.63$10,850
Jan 2009086035.865.37$4,619
Dec 200801,44937.105.98$8,661
Nov 20081811,26355.496.86$18,708
Oct 20081781,50875.246.92$23,831
Sep 20081781,287101.767.88$28,251
Aug 200802,234114.228.48$18,951
Jul 200862,711131.0811.39$31,663
Jun 20081883,084131.3313.03$64,883
May 20081913,394123.1711.57$62,809
Apr 20083652,696110.3110.45$68,449
Mar 20083455,386101.909.66$87,206
Feb 200854611,55292.538.77$151,839
Jan 20081637,44390.388.21$75,807
Dec 20071845,15088.337.30$53,858
Nov 20072017,75991.677.29$75,002
Oct 200731,68482.856.92$11,905
Sep 20071852,33875.846.24$28,629
Aug 20070069.066.39$0
Jul 200707570.906.39$479
Jun 200704162.007.55$309
May 200709058.747.85$706
Apr 2007013259.617.81$1,030
Mar 20070056.927.30$0
Feb 20070055.108.22$0

How to read this page

The arithmetic is one multiplication per stream per month. Here it is, worked, on a real row from the table above.

Apr 2026 — as filed, then multipliedworked
Condensate             0 bbl  × $ 98.93 =         $0
Gas                    5 Mcf  × $  2.87 =        $14

────────────────────────────────────────────────────
Month total                                      $14

The volumes are the state's, unchanged

Every barrel and every Mcf on this page is a number the Railroad Commission of Texas published in its monthly production query. Nothing is modelled, estimated or filled in.

The dollars are a multiplication, not a valuation

Volume × a published monthly price. It is not what the operator was paid: it takes no account of a contract, a differential, a transportation deduction, or the share any one owner holds.

Oil and gas are priced differently

Oil is a Texas realisation — the crude oil first purchase price. Gas is a benchmark, because no free Texas wellhead gas series exists at any date. The prices page publishes the difference rather than correcting it away.

A lease is not a well

The state reports oil on lease and gas on well, and this page is the lease grain. 06/G/230308 is the state's own key, not one this site invented.